fbpx
QQQ
+ 0.89
339.46
+ 0.26%
DIA
+ 0.07
344.91
+ 0.02%
SPY
+ 0.75
422.86
+ 0.18%
TLT
-0.23
142.77
-0.16%
GLD
-2.04
179.78
-1.15%

So What's Up With Alibaba Stock Today?

May 13, 2021 9:27 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

Alibaba Group Holding Ltd – ADR (NYSE:BABA) shares are trading lower by 2.68% at $214 Thursday morning after the company reported worse-than-expected fourth-quarter EPS results. While EPS rose 21.5% year over year to $1.58, this figure missed the analyst consensus estimate of $1.78. 

See Also: Alibaba Crosses A Critical Support Level: Is This The Last Straw?

Alibaba operates China's most-visited online marketplaces- the consumer-to-consumer driven Taobao and business-to-consumer focused Tmall. Alibaba's China marketplaces account for about 68% of total revenues. Taobao generates revenue through advertising and other merchant data services and Tmall derived revenue from commission fees.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.


Related Articles

What's Going On With Nio, Li Auto, Xpeng, Alibaba And Pinduoduo Stock Today?

Shares of several Chinese companies, including Nio Inc - ADR (NYSE: NIO), Li Auto Inc (NASDAQ: LI), Xpeng Inc - ADR (NYSE: XPEV), read more

Benzinga's Bulls And Bears Of The Week: Apple, Coinbase, Disney, Nike, Uber And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. The past week's bullish calls included the iPhone maker and software and aerospace giants. read more

Alibaba Crosses A Critical Support Level: Is This The Last Straw?

Alibaba Group Holding LTD. (NYSE: BABA) shares are trading lower Thursday after the company released worse-than-expected earnings. Although EPS saw a year-over-year rise of 21.5% at $1.58, this missed the analyst consensus estimate of $1.78. read more

Alibaba's Stock Is Entering Make It Or Break It Time

Alibaba Group Holding Ltd. (NYSE: BABA) shares were trending Thursday. The stock looks to be nearing the support level and looking to test it soon. Below is a technical analysis on the chart. Alibaba closed down 1.05% at $224.36. read more